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SB 25-295 CO
Became Law

Transfer Proposition KK Money ARPA Cash Fund

CO · session 2025A · Senate · bill

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Introduced Apr 15, 2025

Latest action (May 31, 2025) Introduced In Senate - Assigned to Appropriations

Summary

The act creates the behavioral and mental health excise tax cash fund that is designated to hold money received from the firearm and ammunition excise tax (Proposition KK) for certain behavioral health-related purposes. Current law requires $8 million that is received from Proposition KK to be transferred to the behavioral and mental health cash fund. The act requires this money to instead be transferred to the behavioral and mental health excise tax cash fund. The act requires the state treasurer to transfer the Proposition KK money in the behavioral and mental health cash fund to the behavioral and mental health excise tax cash fund. Current law repeals the behavioral and mental health cash fund on July 1, 2032. The act changes the repeal date to July 1, 2027. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

17 coauthors / cosponsors

Action history (13)

  1. May 31, 2025 Governor Signed · executive
  2. May 13, 2025 Signed by the Speaker of the House · lower
  3. May 13, 2025 Signed by the President of the Senate · upper
  4. May 13, 2025 Sent to the Governor · executive
  5. May 3, 2025 House Third Reading Passed - No Amendments · lower
  6. May 2, 2025 House Second Reading Special Order - Passed - No Amendments · lower
  7. May 1, 2025 House Second Reading Laid Over Daily - No Amendments · lower
  8. Apr 29, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  9. Apr 25, 2025 Introduced In House - Assigned to Appropriations · lower
  10. Apr 25, 2025 Senate Third Reading Passed - No Amendments · upper
  11. Apr 24, 2025 Senate Second Reading Passed - No Amendments · upper
  12. Apr 22, 2025 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
  13. Apr 15, 2025 Introduced In Senate - Assigned to Appropriations · upper

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